Possible buyer for Mizpah Towers
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SYRACUSE, N.Y. -- A long neglected Syracuse landmark may have another chance for survival. The Syracuse Common Council is ready to sell Mizpah Towers on Columbus Circle to a local attorney.
The building was sold to a developer back in 2005, but a promised combination of condominiums and hotel space never materialized. That owner is now more than $100,000 behind on his tax bill. And the city says it wants to sell the property to local attorney Tom Cerio for $31,150.
Cerio envisions turning the building into a luxury apartment complex.
"I'm not going into this as a developer. My heart is in it. My heart is in downtown and in Syracuse. So I think with that recipe and with the right people involved, it's going to work," Cerio said.
Cerio says the project will be very personal for him. He wants to be among those living in the building.
The project is in the early stages. The attorney says the first step is to shore up the building and have architects draw up a viable building plan.